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Hello Biggerpockets community! This is my first post, Ill make it short.This is a 2/1 SF home, needs only a exterior paint job and new carpet, at the end of the current tenants lease. Roof is "good for another 4 years...
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What are some average numbers I'll be looking at going into a multi-family deal like a 4 plex with an FHA loan
Any answers will be greatly appreciated
Thank you
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We invest in new jersey. Buy and hold. In our area another investor has ran into financial problems. His properties are over leveraged. One bank has put 3 of his notes up for sale. Each note contains 6 properties. T...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $40,000
Cash invested: $40,000
Sale price: $119,000
BRRRR of A Triplex
What made you interested...
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Investment Info:
Other buy & hold investment.
Purchase price: $640,000
Cash invested: $1,200,000
Turned a shuttered and rundown 13-unit waterfront motel into a brand new vacation destination with...
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I feel like the technology we have today should allow our tenants to pay using online methods. However, all the rental properties in my area still only allow check, direct deposit or a credit card with a service fee....
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I just received an offer in the mail from a bank I have used in the past. They are offering 25,000 at .50% with no origination fees no prepayment penalties. It says "Can be used for debt consolidation or another purpo...
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Hello,I’ve been doing a little research on a handful of lenders for specifically an FHA Loan. I currently live in Dallas (Plano area) and looking for a solid lender to purchase my first SFH in NE Dallas.What are your ...
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Although people will strongly argue that banks should have higher standards imposed for liquidity and leverage, opponents of the Basel III have said that it will put many of the smaller, local banks in the U.S.A. out ...
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Every time I had a vacancy I was able to fill it and increase rents. That appears to be over. I had two turnovers in May. I lost 21 days rent on one and a full month on the other with no rental increase. The new prope...